Of that €6.7bn, just over €1bn is for tax measures and almost €5.7bn for expenditure measures. Big increases in corporate tax, Vat, and income tax drove tax revenue — for the seven months to the end of July — to €43.5bn, the latest exchequer returns show. Tánaiste Leo Varadkar has said the package unveiled on budget day will include a “substantial” income tax package for low and middle-income earners. "The most important thing to emphasise is that it will contain a substantial income tax package that will reduce income tax for low-income, middle-income and high-income workers - but there's a particular emphasis on middle-income workers,” he said. HOUSINGHousing Minister Darragh O'Brien was strongly criticised for failing to include measures to support renters in last year's budget.
Source: Irish Examiner August 16, 2022 02:30 UTC